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EURUSD on D1 – Chart shows bullish divergence and we seen EURUSD bounced off from lows in the 1.034 zone.

Will the pair continue to go up?

First: We need to see the price close above the Moving Averages

Second: The fast EMA crossing above the slow EMA would be a good sign that the bulls are in control again.

Third: 1.053 level needs to show itself as strong support in order for this pair to start play out the divergence.

~ Anonymous Trader

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This site is created by Traders for Traders. I am a Pro Trader and I trade the Financial Markets. Having been at it for about 10 years and loving it. Follow me on this blog if you want, if you don't its okay. Go your own way. Cheers!

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About This Site

This site is created by Traders for Traders. I am a Pro Trader and I trade the Financial Markets. Having been at it for about 10 years and loving it. Follow me on this blog if you want, if you don't its okay. Go your own way. Cheers!